NDEKY Nitto Denko Corporation (PK)

Broadcom Corp. (BRCM), a leading semiconductor solutions provider, was recently adjudged the best in its category for its 5G WiFi chip for smartphones and tablets titled BCM4335 at the UBM Tech EE Times and EDN Annual Creativity in Electronics (ACE) Award. Broadcom received the award for the Ultimate Products category in the ACE Awards.

With the increasing dependence on wireless networks and the rising demand for a reliable network, Broadcom’s BCM4335 has provided a combo chip designed for smartphones, tablets, and ultrabooks. The BCM4335 offers the complete 5G Wifi system with Bluetooth 4.0, FM radio and software on a single, integrated chip with a seamless experience. BCM4335 chips are currently being used in HTC One smartphones.

Broadcom’s 5G WiFi is up to six times more power efficient and provides speed nearly three times faster than the other WiFi connections available in the market. Also, devices featuring its 5G WiFi solutions cover a much broader network, providing higher capacity video streaming and connecting multiple devices to the network simultaneously.

The ACE Awards program, through a mass peer review, recognizes and rewards persons and companies associated with the launch of new products and technologies. The Ultimate Products of the Year is awarded to the most noteworthy products that have brought about a revolution in the world of electronics in the last one year. The finalists are handpicked by renowned editors from the leading newspapers.  

Based in Irvine, California, Broadcom is engaged in designing and marketing semiconductor components of network, voice video, and data traffic for various applications used in home, office and mobile phones. The company continues to drive innovation and engineering excellence across a broad range of communication end markets to help its customers enhance device performance and overall efficiency.

Broadcom currently has a Zacks Rank #2 (Buy). Other stocks within the sector worth mentioning are Nitto Denko Corporation (NDEKY) with a Zacks Rank #1 (Strong Buy), Cypress Semiconductor Corporation (CY) and Atmel Corporation(ATML), each with a Zacks Rank #2 ( Buy).
 

 
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